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right now. we are undermining our own efforts to grow the economy and hopefully we don't have to wait to have those conversations. >> okay. berry, did you want to say something? >> supervisor really hit on it fairly quickly as well. that is i was just going to ask chief sur if there is anything that our industry can do to expedited the staffing and the resources that might be needed to help in light of the economic study that has been done. we can show that entertainment and nightlife is a great part of our economy. how can we show that? >> given the money that is available in the city budget and a lot of cuts are now asking for things back, for me to ask for more would get me just as much ill will from other communities that would be an expense. we are hiring three classes a year for the next year starting last year. there was a more aggressive plan that was 54322 or i don't remember exactly, but it was each academy class is about $4 million addition to the police department budget. so it's a lot of money. >> mr. rene? >> before we leave today i would like to say something to rich va
is education, economic and work force of the element, stimulating the local economy. we have the third street merchant corridor and an opportunity to revitalize what i consider to be the main artery of the bayview district, of the southeast quarter. third street is a pretty long streak. from at&t park, it goes all the way to candlestick park. there is a lot of opportunity. don't squander that. we wanted to be a healthy mix that reflects the cultural history of the southeast part of the city. >> what are your thoughts on how the city can deal with the budget issue? >> we are in a very difficult time financially as a country, as a state, as a county. we have a multimillion-dollar deficit. what i see is we have competing priorities. >> ok. >> there's a whole host of non- profit and service organizations that provide a service and a social safety net for people. if people are not able -- they're not making money to get on calworks, or they get on aid, we cut that aid, that has an adverse affect on a population that needs it. i would like to see the city continued to move in a direction where we a
in today's economy. so tell me how bad they had if in the authorizes o 30s pr that's the old bridge and the new bridge. we're in oakland and it's fitting and a proper the first elected official is the chief of oakland. jean acquainting is one of my bosses so i'm sure her remarks will be excellent (clapping) >> and so welcome to oakland. (clapping). >> you know when i became mayor, i said oakland is a city of dreams. it's been the city of dreams since the trans conditional railroad ended and thousand of cabinets would arrive every week. it's become the city of dreams base it's the place that immigrants can afford to live and one-hundred plus languages are spoken here. in many ways this bridge was a dream of some people. and like most things in oakland it has not been easy. we have very difficult political and economic and other hurdles h that when we ail come tooth are not the results beautiful. isn't it really beautiful? so he texted the other mayor of oakland governor brown today and said we're sorry you're not here. for many of you who follow the fights he said he had an elegant
to be because the consumer confidence as far as the boating economy valued at $35 billion a year nationwide is as high as it has been since the great recession bottomed out for boat manufacturers in 2010. we are at the international boat show in fort lauderdale, largest boat show in the world and confidence is extremely high, lot of sales and deals will be happening this weekend. florida has 200 boat manufacturers, more than any other state and deep impact where they build three sizes of go fast boats, they tell me orders are so heavy if you order bonet now from them you can't get it delivered until into next year. demand is that good and their boats are called go best for a good reason. we went with them 72 miles an hour on biscayne bay which i highly recommend for anybody who has the opportunity. >> it is like business is booming, the excitement is that, people are getting confident about what is happening. two or three years ago wasn't happening. people like thinking of spending $400 on a boat, wasn't happening. >> or you can spend $40 million on a jumbo yacht made by westport on the pen
will be suffering the most and the worst. this debt drags on our economy today. it is a drag in economic growth for our economy today. right now we are not doing anything about it. can n't keep kicking the down the road anymore. we have to get a handle on the debt, and we have to get a hanled the on it now. from my speaker expective, just taking more from the american public is not the answer. we look at this conference as an argument if taxes, we're not to get anywhere. the way to raise revenue, from our perspective, is to grow the economy, to get people back to work. we need to write a tax code that oesn't stifle the economy. house republicans and democrats are doing -- are working together to do just that. focus our energy on a better budget. our goal is to grow family budgets . to do that, we need to get this economy growing. over 90 million americans are on the sidelines. many people have not had a job in six months. household income is down significantly. e may disagree as to why the economy isn't growing, but i hope we agree that the status quo is not acceptable. let's work together to p
's prospective in relationship to continue to build our economy i want to introduce the mayor of the great city and county of san francisco. mayor ed lee (clapping) >> thank you. thank you for that introduction and good morning, everyone. i know you've gotten a lot of statistics their not only interesting and accurate but very guiding for what we need to do. thank you greg costco and bob and all of the members of san francisco chamber of commerce for extending this invitation and it's great to see a lot of the officials and the department heads to make sure and insure our cities skews. before i get started i want to take another moment to acknowledge and thank the men and women who over the past several weeks fought california's third largest wildfire the rim fire up in yosemite. and among those fighters the fire was our san francisco firefighters who stood alongside other fire department's across the country navigate over 5 thousand people fighting the fire. and, of course, the staff and crews of the public utilities commission helped and that helped and water industry. i'm proud of their wor
. particularly as the economy grows, we want our students to participate. i hope we can include more partners because we all know how important this is and we look to have an update at the end of the school year at the midway point next year. all right? seeing no further comments, meeting is adjourned. [ meeting is adjourned ]out. >> hi, i'm japanese with the san francisco public utilities combination sometime people call me sewer girl our systems has served the area for 1 hundred and 50 years we're planning you understand public health and our environment don't think that so come in down and see howhalftim >> we have a quorum. we shall proceed to item no. 3, approval of the minutes. is there a motion? >> i will move approval. >> moved and seconded. >> seconded. >> second, public comments? on the minutes? all right there being none, all those in favor, signify by saying aye? >> aye. >> opposed? motion is carried. public comment, item no. 4 on our agenda. mr. decosta >> thank you >> thank you. yes, sir. commissioners, today i want to briefly speak about. >> you wanted to wait until i
economy. >> food stamps are a hotly contested issue in the farm bill, a source of controversy since created 75 years ago in the shadow of the great depression. the first food stamp program was a way to brim the gap between struggling city dwellers. participants received stamps to buy the surplus food. president kennedy implemented the program. electronic benefit cards replaced it. officially called the supplementary nutritional issue or snap, it stands at record levels. 48 million americans used them at a cost of $78 million, an average $133 per month. eligibility depends on income level. no alcohol, cigarettes or hot food. what they do supply is an overall boost to the any. >> for every dloor spent through today stamps you generated $0.75 in the rest of the economy of. of all the things lawmakers could do, one like now when unemployment is high, nothing is more or has a bigger bang for the buck than the food stamps. >> united states secretary of agriculture says the cuts affect for man programmed resip yets. farmers receive some of the money. >> economists say grocery stoors, food
for the world's biggest economy but after the damaging government shutdown and some disappointing jobs numbers recently, the economy looks substantially weaker than it did before. the fed is expected to maintain its policy of record low interest rates and delay the reduction of that big bazooka, that massive stimulus program, $85 billion every month pumped into the economy and expected to keep that going at least until 2014 following the u.s. government debt crisis. the end of the u.s. stimulus would have global ramifications. the threat of so-called tapering has already impacted emerging- market currencies. the indian rupee has taken a bit of a battering. not a less of sugar in it. the government plans to reduce the sugar content of british jam. they say it will lead to the end of the british breakfast as the country knows it. we have implemented that manufacturers could introduce running your spreads with reduced sugar content similar to those sold in germany. a liberal democrat mp says they will be dull in color and will not taste as good or last as long. ministers say the regulatio
serious damage. but the reality is they dramatically jeopardized our economy, they broke government even worse than people think it already is and we've got to get it back on track. the highway or the highway poll tikdzs has to stop. >> jon: this is the student i speak of. >> exactly. >> jon: they're behavior over the last couple of years has been somewhat n.i.h. ilistic. that being seed how do the democrats seize that mantle of confidence and those sorts of things? >> i hope when people read my book that they treat it as a road map for how they can get engaged well. he need real foam sound an alarm bell. politician allowed home itselves to be strangled by the tea party. the tail is wagging the dog. >> jon: you think you were going to say we need real people i thought they were robots. >> they have robotic like tendencies. it can't always be my way. you have to reach across the aisle and work together. we need moms to get involved whether it's education or health care or immigration reform or the economy. and choose the issue that they care about the most. and try to include and get invo
the government to handle one- sixth of the economy when there is this type of staggering incompetence on the roll out. >> the problem that marsha blackburn wondering about the affect on the economy the longer it goes on. good day to you, melissa. how much does it hurt if we go over months of this and young people just simply refuse to sign up? >> it hurts a lot. this is one of the key groups that will have to pay for the plan. they are young healthy young people and go on and buy insurance and pay in and get nothing out. they are thought, they don't need insurance now and health care. so we need those people to sign up to pay for the rest. they are people in the 20s and 30s who are used to going on the iphone and purchasing something on amazon in a click of a finger. you heard people trying 20 different times and not able to enroll and someone created an account in the first day and hasn't been able to log back in. they are likely to sit on the sidelines as long as they possibly can and either pay the fine or not sign up. >> we hear it all of the time. young people have to buy n. if they don't bu
and certainly, the economy is a wet blanket that is hanging over everything. but again, the health care news is big news, not only the website, but the stories of people dropped off with their policy and wills people who are experiencing rate shock and sticker shock, they are part of the mix and one of the primary drivers of the decline in the job approval rating. >> got. it tom bevins thank you for the analysis. >>> minutes from now president obama will deliver remarks about a plan to jump-start the job creation following the numbers in september that found only 145,000 jobs. bill? >> reporter: the president will have comments to attract foreign businesses to the city and states. the president created the program and wants to expand it in an all hands on deck effort at job creation. right now ten countries account for 80 percent of the foreign investment that creates five and half million jobs. the administration would like to increase that number. and the folks suggest that it will not require much spending but there is a study that suggest that one of the obama administration job creatin
been occupied by traders from far-off monte alban, an indication of a complex economy here. bill sanders. one of the aspects of culture that is extraordinarily variable is the economy. economy means the ownership of property and the production and distribution of goods. there are cultures and economies in which every nuclear family is self-sufficient. and then there are economies where there is considerable interdependence among the various households. one of the measures of economic complexity is just the amount of what we call division of labor -- occupational specialization. keach: archaeologists have recently discovered evidence of occupational specialization in teotihuacan, like the manufacture of clay figurines. figurines came in a variety of styles, many painted and highly detailed. thousands of these sculpted faces have been discovered. they were probably used in ritual. many are exactly the same, indicating they were mass produced in molds. across the atlantic is fez, morocco, a city that has changed little in a thousand years. here can be found an analogy for the econom
leveraged banks in the sort of western economy. so the u.s. delevered first and the uk, lloyd's did it very well. but the european banks still have quite some way to go. >> do we think this beater is going to continue for this sector? >> i personally don't see how it can ever end. i think it's the high volatility that we're seeing. >> the high relationship it has, the stocks themselves and the banking taper and indeed, the underlying market. >> i think we're going to see it for a while, until they become utility like which is where they're ultimately going to be going. >> how do you see the bank? >> i think it's created a tremendous run for equity investors. i think it's a great play on gdp and the global macro economy. there is still some way to go. and i think the regulatory remains ambiguous. >> i'm going to talk to you about earnings as a capitalist for the broad performance. >> yeah. the problem with the banking sector is that there's still a large part of the banking sector which don't have any visibility in earnings. and what's really happened, i think, in the last 15, 18 months, pos
. but the economy is perhaps not strong enough to sustain those gains. if there is a little bit of a doubt on policy that could cause us a little bit of a worry. >> to me, my thing is being realistic about expectations. when you have the s&p 500 at 1750, it's not that cheap anymore. over the next five years i think you can make in u.s. dollar terms 5 to 6% a year out of the u.s. equity market. that's really about it. if interest rates are back up, fair value, you made 6% per year in equities, i think you end at fair market value. that's a far cry of what we've been able to see over the past few years. it's getting to be more expensive. enough money will ruin any asset class. >> we'll be back to the conversation in a minute. steve? >> let's run through a couple more of these stories. the story behind me, roundabout 7 out of 10 stocks are up. each row represents 10% of the market. 70% of the stocks are up on the year as we speak. let's take a look at the stockholm based omx which is trading up .1 at 1292. let's look at assa abbloy. they have seen a fourth quarter target, topped third quarter earnings.
trying to figure out what the market is saying. the federal reserve said the economy is growing moderately. job growth picked up a little built. housing stumbled over the last period since their last meeting. net-net, no change. >> no change. we weren't expecting a change but it's about the data. once again the fed reiterates it's focused on the data. it has been a big day for the markets because going into the fed meeting, not much and all of a sudden we sell off after the meeting. >> both stocks and bonds. >> with rates moving higher. elbattled new health care law, president due to give a speech defending the health care law, you'll see it live in about an hour, and we'll have reaction from two people who had their insurance can delled due to the law. he can win them back? >> starbucks ceo howard schultz with be with us. he's been a big supporter of obama care. we'll get his take on the rollout problems. and then reports on their earnings in about an hour. howard will break down those numbers for us. let's not forget about facebook either. the social media giant will be report
the government shutdown affects the economy. inflation still remains a no show that would give the fed some wiggle room. i also want to talk about a dow component, nike. along with the dow industrials and the s&p earlier this morning. nike shares are up now. they got enough grade from morgan stanley to overweight. so we will continue to check on them throughout the day. back to you. adam: thank you very much. nicole: health and human services secretary kathleen sebelius taking full responsibility of the rollout of obamacare. joining us from capitol hill with more on the secretary's testimony. we are hearing word like she's frustrated, wants to rebuild confidence. what are you seeing and hearing? >> she is the one i should be held responsible for all of this. saying hhs secretary kathleen sebelius is expected back before this committee in december to talk about how many people have actually enrolled in obamacare. right now the administration is not saying because they don't have the numbers. >> i'm not asking about what they enrolled in or whether they came in and said they were 65 and work
. third this has big impacts on our economy. it will prove the transportation and health insurance this is a home to oakland. it will continue to serve as a place for folks on the other side of the bay. it's the toll payers who fund this. so we have to give our toll payers a round of sport for this measure (clapping) >> finally i'm so glad with the addition of bike and pedestrian lanes we're moving closer to an integrated mode of transportation that is good for our environment and community. so in closings thank you to everyone in our efforts and it's been eagerly awaited. i've been in the senate and the assembly n for 15 years so i've eagerly awaited this day. rest assured i'll continue to be an advocate in congress even in this is this tough environment for transportation infrastructure. i wish you the best of lick and a very happy labor day. thank you. again (clapping) >> knoll let me introduce our tremendous leader in the california state senate darryl stein beggar. >> good afternoon to leaders from the bay area. when i hear people talk about this bridge and today's events
point. because the shutdown certainly slowed the economy. it's going to skew the data. it's going to be great opaqueness to the data over the next month or so. i think the important thing to remember is although there was damage done to the economy, and we could argue how much or how little, there was damage done to the economy. the important point is it's not irreparable. as washington gets out of the way, we will see the private sector begin to work its way back. we'll see some of those trends we saw establish themselves in terms of improving economy before the shutdown, we think those trends are going to come back again. >> will washington ever get out of the way? i hope so. they're certainly not off the calendar yet. we'll see if we go through the same debacle again in february. >> i think you agree with that, rick santelli. some of the economic data we're getting -- you want them out of the way, don't you? >> listen. it all depends on what your definition of out of the way is. i would like to address mr. bernstein's comment. i'm not seeing chicago is going to reflect the enti
in the economy so their needs have not changed. they still see their hours suppressed, unemployment high and they still need this food assistance and they rely on map is for making sure their households have a nutritionally adequate diet. >> brown: that's part of the argument, right? one argue system a very large argument that's been going on for a long time. another one is the immediate what happened during the recession and things haven't recovered far lot of people. >> i think that's exactly right which is why we're not advocating back to prerecessionary spend bug the fact is we're spending about 50% more on aggregate welfare than we were when the recession began. it's a huge, huge increase and under obama's budget it's not scheduled to go down. the trillion dollars a year will go up to a trillion and a half. >> brown: why do you think the numbers have gone up so high in terms of the number of people? >> i think part of it is the economy. no one could deny that. there's serious rates of unemployment that continue but but this program is rife with fraud. it has an outreach to bring peo
terribly illustrative. a lot ofen doing a studying of the united states economy going back to revolutionary times. there were a lot of periods where the economy was very volatile. you were so many booms and busts in the 19th century and so on. the last 25 years, from 1890 to from was very sehgal -- 1990 22 thousand seven, was very stable. 1990 to 2007 was very stable. if you never owned a house you might go from a time when you live alone in a single apartment to where you have to have a roommate back to where you can afford a single apartment and back and forth depending on what is.economy if people lose that resiliency they feel there is no opportunities to get ahead. that is basically what i want to say. journal.comnational -- but he railed along the way -- schedule got derailed on long the way. the senate would tackle a number of nominations. the employee nondiscrimination act and drug legislation -- one clarification, the houses back next week. they will return after the veterans day holiday. sandy is joining us from phoenix, arizona. you say this is not the land of opportunity. why is
shop owner said she was surprised by a january 31st deadline to get out. >> the economy, the economy is feeling better so i checked out different type of shopper and so there is going to be variety. some people heave and some people come. >> it's all good. >> reporter: they are moving ahead with the plans before getting approvals but a city spokesperson declined to comment. victoria secret is moving out. it seems they want to make the area not only the retail shopping center of the east bay but the luxury shopping center as well. within the span of one block you can find an neiman marcus and apple store. they know the approvals are coming. just a few weeks ago, a congressional act water resources reform and development act gave walnut creek control of the culvert needed for the expansion. they have 20 years to complete their plan. . >>> president obama will be back in the bay area at end of the month. he's scheduled to appear at the san fransisco jazz center on november 21st for a committee fundraiser. >>> a weekend shutdown. i.t. experts went in to try to fix the glitches to fix the
should teach your children chinese but that they get will be a economy to deal with. >> we're talking about a tesla and how they may bring and a location and china. >> there passible stock- tested store is the they do not have the charges and capabilities. that may be very problematic. they want to get in last 10, south america but until their infrastructure is in place they're going nowhere fast. >> we were talking about starbucks and their tight end with twitter. >> congratulations to starbucks. i think they have came up with the promotions. it is called twitt your coffee. you can pay $5 to link this and they will give you a $5 credit, if you twitt me bin you get a free coffee. i like the concept of this. they want to get into mobile more. they're showing that plants like this will work. this is a key to their long-term success. >> let's talk about eight m.amc. >> they bought a company and that would give them exposure in latin american. they have a lot of good shows. they could do the shows and spanish. they're trying to increase their exposure so that to get more revenue. netflix
get tomorrow and get a sense where the economy really is right now and how the impact of the shutdown is going to flow you there the system over the course of the next five or six weeks. liz: but, hank smith, with the fed still in the game does any of that data truly matter when you have the fed pillow that is inflatable with all the bond purchases still propping up these markets? >> right. it might mean something on a day-to-day basis but, or month month basis. we are in a secular bull market and the, the fed is, part of it, no question about it, but also fundamentals are a big part of it. that really gets overlooked here. we had tremendous earnings growth over the past four 1/2 years off of the recessionary lows. confirmed by dividend growth. and, the market is only starting to catch up to fundamentals this year? david: wow, hank. that is incredibly bullish statement. a lot of people say they far exceeded that but despite all your optimism you don't like utilities. a lot of people look at utility play, boy, those dividends are through the roof. you can't bo wrong. why don't you like
, encouraging investment in the united states is a core part of his strategy to build and grow our economy. the u.s. remains the largest economy in the world, and is the largest recipient of direct investment from foreign countries, as the secretary mentioned. the competition from your partnership is fierce. it is global. the united states can no longer rely on being the biggest economy or the obvious choice. we have to work every day to do our very best. select usa is the result of it the president's broad commitment -- makeit clear you're it easier to do business. we are centralizing resources to give information and assistance you need to navigate the u.s. marketplaces. that is why it is so important we are joined i representatives of state and local governments because they are partners in this effort. he should leave today with resources and relationships that you need to make select usa work for you and for your businesses. put simply, we want your partnership, and we are going to work hard to earn your trust and your confidence so you do select usa. i am thrilled to be joined on the
u.s. economy, 100 years of growth does the, forward, upwards and onwards. our infrastructure is about at 3.0. other economies, like you said, larry, are putting in versions 6.0 in infrastructure but has not got their private sectors up that much. they will enter, but not enter where we are. they are licensing our technology. they learned from the mistakes we have made. they are like nation states competing. other countries are going to catch up on the private sector side of it, especially if their infrastructure is advanced. many of us are involved in ideas here. this capital point he makes -- and he is the doyen of understanding that -- and how we can model and maybe i can go to an example. it works and it works really well. it is a profit maker. it is a government arm, but a phenomenal example of how all things government are not bad, right? we need to figure out how we do that for infrastructure. we need to have a summit approach to that topic alone, because i think ports and rail and airports and all that, this is becoming a bottleneck. the positive side is the reason our
small grow the economy. >> mr. speaker, new research shows that his government is trapping low earning aspirant parents on benefits. andping parents working costing the taxpayer. isn't it time for a rethink? thee know labor are against benefit cap. labor wants unlimited benefits for families. they're no longer the labour party, they are the welfare party and it is very clear from the question that they are. we think it is right to cap benefits because no family can earn more out of work than they can earn in work. the early evidence is showing that this is encouraging people to look for work area for a party that believes in hard- working people, that is good news, presumably for the welfare party that is bad news. >> the prime minister will be ofre of the business model the not-for-profit company responsible to its consumers and not turn shareholders. does a prime minister agree that such a company in the energy supply sector would introduce real competition? competition in the energy sector, whether that comes from private businesses are cooperative businesses or as he says charitabl
american workers furloughed, $24 billion to the economy for no reason. they're betting on we have short memory. i'm voting we'll have long lines waiting to vote and vote for the interests of the american people. thanks for watching. i'm al sharpton. "hardball" starts right now. >>> the wacko birds go pheasant hunting. let's play "hardball." ♪ . >>> good evening. i'm chris matthews in new york. let me start tonight with this. halloween is about pretend goblins. we can laugh at what we're afraid of. ghosts, monsters, tea partiers. but ted cruz is for real. he's not just a nightmare but out there this weekend in the broad scary daylight of iowa. he's saying he has nothing to be afraid of. he denies he caused serious economic damage with the government shutdown even though economists who deal in real numbers say he did. he said the real demons are those moderate republicans who finally ended the shutdown on the edge of the government default. senator cruz is the right wing zealot of the season. his attacks were relentless and have stirred resistance to the health care program. he ha
studying the complexity of the u.s. and global economy. the financial crises of 2008 took nearly everyone by surprise, leading economists and the brightest minds on wall street were forced to rethink fundmental functions, the map and the territory, risk, human nature and the future of forecasting is a guide to measuring economic vacialsz -- variables one thought to be immeasurable. i'm glad to have alan greenspan back at this table. welcome. how do we decide on the map and the territory. >> it's a little abstract and that's what it's supposed to be. the map is supposed to be the conceptual framework what we're doing with and the territory is reality. and economists always try to get the two of them to come together and a good deal of the times we fail. >> rose: all right. let's talk about all that. role clip. this is a clip with you and i n an interview before you wrote this book. >> something you can never the quite cal brate is the human emotional aspect of markets. >> i'm glad you raised that issue charlie because i'm just starting to write a economic. it's call the economytrics of
for political economy at the library congress. was the first chair and he will come introduce a video that we would like you to watch as you eat your salad. and we appreciate mort dedicating so much time and effort to the kemp foundation and the kemp legacy project. ladies and gentlemen, morton kondraki. [applause] >> i am here to invite you to watch this video. this project was one of the first major activities of the kemp foundation. it consisted of an oral history project that included more than 100 interviews with people who played with jack, played football with jack, and work with him in congress at hud and other venues. and two years of research that i didn't the library of congress which will come in a -- culminate in a political biography that fred barnes and i are writing and we have every reason to think, based on visits with publishers, will result in a book that will be published sometime in 2015. we hope this will not simply be a biography but will be an inspiration to the american , both parties,m but especially the republican the camp re-a adopt spirit which was always po
a cycle to our economy. we have a cycle to the market. fifth years can give you some nasty things. the fifth year of the 1982 market brought you the crash. we got five years out of the market through '95 to '99, and then we stepped off the curb and we ended in the 2000 dotcom bubble bursting. >> from a practical standpoint, what does that mean? when you say be cautious, what are you saying? are you saying selling into the rally? raising cash? what? >> i'm saying you have to be defensive in your choices here. of your risk money, i think you have to have a very significant amount of it in defensive position. so, what i might do is be looking at value stocks as opposed to growth stocks. i might be looking at midcaple and large cap value stocks. i might be looking at staples, the consumer stams have been leading, but only for about a month. those are traditionally a defensive place to be. >> david, you think we're in a phase where a lot of what's going on is performance-chasing. we've already had great performance in the he cequity markets for the last few years. now people want to ge
, and the economy. without it, things simply can't exist. woman: we have good health in this country, in part, because we have clean water. and we shouldn't forget that, and we shouldn't take it for granted. melosi: in the late 19th century, serious waterborne disease epidemics were having devastating effects. roy: but then, in the early 1900s, we began to treat our water. and since then, we've seen a rapid decline in the incidence of waterborne disease. narrator: most cities treat drinking water through filtration, chlorination, and sometimes ozonation to kill pathogens in the source supply. these are complex treatment plants that cost millions of dollars to operate, but are necessary for our wellbeing. the treatment of drinking water has been called one of the greatest public health achievements of the last century. the water infrastructure itself protects the treated water until it comes out of our taps. it's been since 1911, since we had an outbreak of cholera or typhoid in the united states. but that doesn't mean that it can't happen. it can happen. if we aren't on our guard all the time
of homelessness? >> in recent years during the terrible economy, we have had to cut back significantly. our social-service net, programs for folks who may have mental illnesses, we have seen many problems become exacerbated on the streets. when you combine that with the fact that we have an affordable housing in most parts of the city, it is no surprise our homeless numbers have gone up in recent years. the city needs to recommit ourselves to the values that our city was named after. st. francis believed in compassion for those who have less -- had less than others. those of us with opportunities have to give back. part of that entails taking care of the most important among us, the folks who have need, including our homeless. >> let's talk about the transportation situation in your district. you mentioned that transit could be better. how is parking and traffic? is there enough muni service now? >> you are talking to the one member of the board that does not only car. i get around my district by muni, bicycle, or hailing a cab. our transit system is truly challenge. our bosses are late one out of
. the st. louis fed president james bullard will be speaking about the economy and monetary policy at 11:00 a.m. and chevron reports earnings before the opening bell. we'll hear from cboe holdings and the washington post. berkshire hathaway reports after the close. now, as i engz mentioned, chinese factories continue to pick up their pace in october. both the official and the private sether pmis rose to solid export orders. but there's concern that the recoveries are only being stopped by the large companies as the subindex lagged. joining us is louis core, chief chinese economist at rbs. louis, good to see you. thanks for joining us. are we quite happy about the sustainability and the strength of the chinese economy despite the concerns about the housing market and nonperforming loans of chinese banks? >> well, you know, i think china still is facing many issues, both with regard to the short-term outlook, also all these structural issues. but i think if you look at growth and where are we going in the common quarters, i think that growth will, overall, be enough efficiently above the g
economies in this state >> check her out yeah. >> (speaking spanish.) >> (clapping) and talking about a woman who helped save brave have a stacey. and talking about latinos there was a >> (speaking spanish.) >> all my people there was a study it came out that showed to latinos not only live in the excelsior we live in the south of market and pacific heats and every district in san francisco and thank you, dr. local. but we've got a lot of work to do. we talked about those accomplishments the latinos are making with you right now supervisor campos says we're 200 in which i say. people are getting evicted come and march with us so we can protect the culture that's exemplified here for years not only in the mission but the african culture and chinese town culture and all the cultures in san francisco which are at risk right now. we have a crisis and we've got to stand up. i want to end by saying next thursday at the everett middle school we're going to be presenting a violence control program to end violence and also to share with you that on 24th street we have a cultural prevention
eventually takes control of the entire health care market, 1/6 of our economy, we will have nowhere else to go. >> we have the government fails, they'll just get more money to fail even more. and you know, getting back to rick's point about, he's talking about catastrophic needs for health care. >> exactly. >> that's what the market can fix very easily in terms of cancer and heart disease. we could buy catastrophic insurance very easily and very inexpensive precisely because it's far more rare. you've got to let the markets in. what rick is doing and it's very naive is going to remove that market force from -- and it's going to make it very more expensive and very more difficult for people to get it when they most need it. >> rick? >> let me tell you what's naive, john. i can respond to each one of your arguments if i had the time by our friend david here told us about his knee surgery and how you can go about shopping for them online. you tell me, david, look me in the camera there and tell me you would have picked your knee surgeon based on price. you wouldn't have. you would not have
to the international trading economy dependent on connectivity is a major element from the agricultural surplus why people move to cities. with the scientific terms it is like the salty solution or not salty solution on the other they will migrate from one side if you have the connectivity differential between urban and rural environments people will live to were the conductivity is. if you want to be plugged into an to the international economy coming you have to be in mogadishu you cannot be with the countryside of somalia. we have seen a significant movement to cities driven in part by connectivity and that ships and changes the way conflict happens. i would give you two examples then i will summarize how to think about the environment. one is libya's the other is syria. in 2011 there was a very major fire in a coastal city if there was a french naval task force ready to intervene in the conflict but they did not know much about what was going on on the ground. an urban city well-educated and libyans have exploded with access to soft loans over the internet. of the kids were getting shot as they
the economy on track. mayor lee keeps us focused on keeping san francisco a city that celebs education and health care and the environment for our future generations (clapping) >> (speaking spanish.) >> (clapping). >> thank you. i had no idea what you that but it sounded pretty good. everyone welcome to the city hall our people's hall in san francisco. and i am here to join i in celebrated latino heritage month. i want to thank a number of dignitaries that i know who have worked with me. we have the council general of japan and the mongol council and counsel generalizes representing nick away wag and others countries our friends (clapping) >> i see our colleagues on the board president chiu. thank you david chu for being here (clapping) i might not see them immediately but i know that supervisor john avalos and george will be here shortly. and then i also see jeff our public defenders public defender for being here that you are ladies and gentlemen, we're also very rich with latino leaders in our department and to name some of them on behalf of the whole city people like lou our li
minister commit to supporting the small businesses to help us grow the economy? >> my honorable friend is quite right. my honorable friend is just talk about helping people back into jobs, he set up a jobs club in his constituency which is in huge amount to bring businesses large and small together with those who want jobs. that is sort of action on the ide of house that's the sort of social action on this side of the house that we believe in. >> i want to talk about the about the situation with crosby. prime minister, i have served in this house under four previous prime ministers who reply to members' letters. >> order. this will be heard with some courtesy, as i expect of all questions. very simple and very straight-forward. >> i have served to four previous prime ministers who reply to letters. why don't you? >> i will reply right now. public health is a matter of public health. linden's responsibility is the labor party. >> order! >> order. i thank the prime minister and colleagues. >> british prime minister david cameron answers questions from members of the house of commons live
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